The first half of 2019 of SEIF, media content provider also listed on Euronext Growth from 15th July 2019, was characterized by significant investments in new strategic projects. Revenues in the media content sector, the most important for the company’s growth plan, doubled and revenues from digital products & advertising also increased.
In particular, as of 30th June 2019, revenues amounted to Euro 15.2 million (Euro 15.9 million as of 30th June 2018), EBITDA amounted to Euro 0.4 million (Euro 1.6 million as of 30th June 2018). Ebit is equal to Euro -1.1 million (positive for Euro 0.4 million as of 30th June 2018). The net result is negative for Euro -0.9 million (positive for Euro 0.2 million as of 30th June 2018). The net financial position is positive (cash) for Euro 3.3 million. Net Equity amounts to Euro 4.8 million.